April 29, 2009
A bill requiring Colorado drivers to use handsfree devices while talking on cell phones is headed to the Senate for a vote. The Senate Appropriations Committee backed House Bill 1094 on a 6-4 vote after exempting some state workers. State …
April 29, 2009
Houston, Texas-based Delta General Agency Corp. celebrates its 50th anniversary in the insurance business this year. Delta was founded in 1959 by Avrohm Wisenberg, a long-time Houston retail agent, as a means of providing access by agents in Texas to …
April 29, 2009
Fireman’s Fund Insurance Co. has introduced its ‘green’ insurance product for homeowners in Maryland. The coverage, which is available in 32 states, includes 5 percent discounts for homeowners who already own houses with environmentally-friendly features. The coverage will also pay …
April 29, 2009
New Hampshire’s state geologist says a small earthquake recorded in the Lakes Region is the most recent in a long line of seismic activity. The U.S. Geological Survey reported that a quake with a Magnitude of 2.1 was detected on …
April 29, 2009
Bermuda-based Validus Holdings, Ltd. has fired another salvo in its attempt to derail the planned amalgamation of IPC Re with the Max Capital Group (See IJ web site – https://www.insurancejournal.com/news/international/2009/04/02/99263.htm and https://www.insurancejournal.com/news/international/2009/04/06/99353.htm). Validus announced that it has filed legal proceedings …
April 29, 2009
Maran Corporate Risk Associates of Southampton, New York has been named Agency of the Year by the National Flood Insurance Program. The designation is given each year and recognizes agencies that demonstrate a dedication to promoting flood risk awareness and …
April 29, 2009
The Florida House and Senate are trying informally to work out differences in bills to address the state’s property insurance crisis, including how much rates for more than one million customers of the state-backed Citizens Property Insurance Corp. might go …
April 29, 2009
Several bills that would have restricted drivers who talk or text message on their cell phones appear to be headed toward a dead end in the Florida Legislature. The bills would have banned drivers from sending text messages and required …
April 29, 2009
Insurance companies expect claims from a South Carolina wildfire that has destroyed more than 70 homes near the coast to top $25 million. Allison Dean Love with the South Carolina Insurance News Service said the $25 million estimate will increase …
April 29, 2009
A member of the crew on the U.S.-flagged ship hijacked by African pirates sued the owner and another company, accusing them of knowingly putting sailors in danger. Richard E. Hicks alleges in the suit that owner Maersk Line Limited and …